RCS - Costain Group PLC - Costain Secures c.£45m Contract with Severn Trent

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RNS Number : 0366X  Costain Group PLC  18 March 2026

 

Costain Group PLC

18 March 2026

 

Costain Secures c.£45m Contract with Severn Trent

 

 

Costain Group PLC ("Costain") today announces that it has been selected by
Severn Trent PLC ("Severn Trent") to deliver critical infrastructure upgrades
at its Rugby Newbold Sewage Treatment Works. The programme of works is valued
at approximately £45m and will run until 2028.

 

As principal contractor and principal designer, Costain will be designing and
building new facilities and upgrading systems to improve operational
resilience and increase the site's feed and storm capacity.

This contract builds on a partnership with Severn Trent that began in 2010
with the award of an AMP5 framework contract, and which has since been
extended through the AMP6, AMP7 and AMP8 regulatory cycles, taking the
partnership to at least 2030.

Alex Vaughan, Chief Executive Officer of Costain, commented: "This new
contract continues our long-term trusted partnership with Severn Trent built
on delivering essential infrastructure upgrades that make the UK's water
system more resilient. This award is testament to our excellent track record
of identifying construction efficiencies and delivering predictable,
best-in-class solutions that maximise value for Severn Trent and its
customers."

Enquiries

 

 

 Investors and analysts      matt.jones@costain.com

 Matt Jones, Costain         +44 (0) 7860 922341
 Financial media - Headland  costain@headlandconsultancy.com
 Andy Rivett-Carnac          +44 (0) 7968 997 365

 Charlie Twigg               +44 (0) 7946 494 568 (tel:+44%20(0)79%204649%204568)

 

Notes to editors

 

Costain improves people's lives by creating connected, sustainable
infrastructure that enables people and the planet to thrive. Through the
delivery of predictable, best-in-class solutions across the transport, water,
energy and defence markets, we are creating a sustainable future and securing
a more prosperous, resilient and decarbonised UK.

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